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Search Results 0 to 29 of about 30 (some duplicates have been removed)
have big differences over how to raise the ceiling and avoid default, they can't even agree on whether they're making progress. democratic senate leader harry reid and republican senate leader mitch mcconnell on the senate floor moments ago. look. >> today the speaker republican leader held a press conference to announce they're in talks with the president and that a bargain to raise the debt ceiling is in the works and is close. in president, members of the senate, that's not true. i just spent two hours with the president, vice president, and leader pelosi, and it's fair for me to say that the engagement there is not in any meaningful way. the speaker, republican leader should know that merely saying we have agreement in front of a few television cameras doesn't make it so. >> the fact of the matter is that the only way we're going to get an agreement before tuesday is to have an agreement with the president of the united states. and the only person in america of the 307 million of us who can sign something into law. and i'm more optimistic than my friend, the majority leader. we've
to be a very busy place. we got the folk line festival under way behind me, also the big fireworks show they're getting ready for on monday. two concerts on the steps of the capitol, also at the washington monument. but from coast to coast, we're talking beaches and barbecues and camping and celebration. july 1st and the 2011 great escape is on. ♪ hot fun in the summertime >> reporter: from yosemite in the west. >> i like the girls the best. >> reporter: aaa says 39 million americans will travel 59 miles or more this long weekend. that's 1 million fewer than last year. >> reporter: you can blame the pain at pump. the national average for unleaded now $3.54 a gallon, down from the high of $3.98 on may 4th. but still 80 cents higher than a year ago. >> it's still tough because we're still kind of transitioning from how high the gas prices were so we've got in the habit of not traveling as much. >> reporter: the big surprise? while fewer people are driving than a year ago, more people are flying. air travel is up 9% this summer. >> for some people, it actually may be more convenient and cheap
's right. you know, the big point of contention yesterday was with house majority leader eric cantor pushing for this short-term deal or a series of short-term deals. the president, according to democratic sources familiar with the talks, made it clear that that is something he does not support and something he would veto. the president has, for the last few days, and certainly weeks as well, been pushing for the biggest deal possible where it it seemed to get some support. of late, it has not. the president believing if you start talking about the short-term deals, you run into the political season where you negotiate the things all over again. if you can't get this done now, how will you get this done in the thick of the political season? tense discussions yesterday. the president agitated and believing that republicans are using the debt talks to make political points. the president making the point, according to those inside the meeting, that this kind of atmosphere just confirms some of the worst fears that americans have about the way washington works. >> well, yeah. the way wa
street is worried about washington. late wednesday moody's one of the big three credit rating agencies warning it might have to lower the rating if lawmakers don't come to an agreement on raising the debt ceiling. in the statement it said the action was prompted by the possibility that the debt limit woil not be raised in time to prevent a missed payment on u.s. bonds with a small but rising risk of ashort-lived default. economists say if the aaa rating is lowered it will throw the financial markets into chaos and the cost of borrowing would go up to everything from morlts to car loans. ben bernanke warned. >> i think the worst outcome if we don't raise the limit, at some point we default on debt and that would create as i said before, a huge financial calamity. >> reporter: sources say the president knew about the moody's warning as he headed into wednesday meeting which all sides describe as tense. republican majority leader eric cantor cited the president as saying i have reached my limit. he left saying i'll see you tomorrow. the two sides couldn't even agree about what happened in
a controversial last choice option to end the stalemate. >>> how big was it? word this morning the number of possible victims involved in that hacking scandal in britain could be in the thousands. this morning one celebrity who says he was a target, hugh grant, speaks out in a live interview. >>> and we need aboat. a huge 18-foot-long saltwater crocodile leaps out of the river to the delight and terror of tourists. and the photographer who took the picture says it's no croc d the picture says it's no croc d day. captions paid for by nbc-universal television >>> good morning. welcome to "today" on a wednesday morning. i'm matt lauer. >> i'm ann curry. boy, the gloves are off in washington. the move could be more today because the president and top congressional leaders are going to go back to the negotiating table yet again. >> that's right. the republicans were not at all happy with the president's comment on tuesday. now senator mitch mcconnell has offered that last chance option. we're going to tell you what he is offering straight ahead. >>> also this morning matt, it was a deadly cras
this if there is a framework. they are pushing for something big. trils of dollars in deficit savings the course of ten years. reminder of the moving parts that a deal like that would require the next several days major spending cuts, tax reform, entitlement reform and if democrats in the white house were to get their way, tax increases. you can see that is pretty much a heavy lift and so you still have a lot of people looking to a more modest deal that the top democrat and republican in the senate, harry reid and mitchell mcconnell are trying to work out which would be more spending cuts and perhaps more modest and perhaps giving the president the unenviable position to have to increase the debtcele himself with a minority support from congress. >> brianna keilar, thanks. >>> government is scrambling to pay its bills here is something americans don't want to hear. billions of dollars in your tax money is being wasted in afghanistan or worse. a new federal audit says that some of that cash may be funding, are you ready for this? the same insurgency that is killing americans. chris lawrence is at the pentagon
warned failing to reach a deal would be catastrophic. >> we need to do something very big, very substantial to bring our long-term deficits down. >> arizona congressman is the co-chairman of the house progressive kau sus. thanks for joining us today. i want to play a little bit more sound from the president during his news conference and i want to get your thoughts. >> thank you. >> i do not see a path to a deal if they don't budge, period. if the basic proposition is it's my way or the highway, then we're probably not going to get something done because we've got divided government. >> how did he do? is the president digging in his heels? who do you think will blink first? >> i hope that essential programs that democratics have been supporting that we feel have been the only things that have been talked about, social security, medicare, medicaid that i hope he does dig in his heels. there has to be revenue generation. the tax policies of the republicans have got us into this mess, into this debt there is no job creation going on regardless of those tax cuts. we need jobs that's
found this really interesting. many people say that suggests these online pharmacist could be a big factor in the prescription drug problem overall. for one second i want to show you some numbers as to how big a number we're talking about here. . according to the national institute on drug abuse about 7 million people using prescription drugs for non-medical reason. in 2009 ant 3% of the population. nearly one in 12 high school seniors report non-medical use of vicodin. one in 20 say they used oxycontin. what's interesting, drew, is that 59% of those high school seniors also say they got the drugs from a friend or a relative. which brings up another question. as you've been pointing out in your reports, it's so easy to buy these drugs online. but if the pharmacies start to shut down, can people get term from their family or friends pretty easily? >> they certainly will. but i think it's the proliferation of the ease of getting these drugs. and even people who want these drugs, let's say a doctor predescribes them. but the prescription runs out. they're addicted. they want to keep it
son would have killed himself rather than slaughter dozens of people. >>> bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! >>> the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs out of money and unable to pay its bills. in washington a stark message is delivered between the president and the speaker of the house. their parties are desperately divided and you and i are about to pay the price. we are covering all of the angles from wall street to the white house. ali velshi getting really creative and looking at the cost americans could face even before time officially runs out. of course, dan lothian with the politics and the posturing. ali, let's start with you. the markets open this hour, okay? how is the debt issue going to impact things today and the rest of the week? i know yesterday, you kept saying give me a little more time and i'll let you know when to worry but how many times can we say that? we are not worried yet. we are wat
the big deal. $4 trillion in deficit reduction over the next 10 years. speaker john boehner says he wants to, too. but there's in path to get there. the clock is ticking. the major sticking point, whether it's a large part of tax reform, wages on top wage earners go up. it could not take the heat from his republican caucus. >> we have got to be able to deliver on this promise. >> reporter: republicans say that the problem is president obama has been unable to bring his own party around to own entitlement spending that he put on the table. tick tock. the goal is to reach an agreement in the next couple of weeks so that the law can be written and passed before the deadline of august 2nd, that's when the federal government is slated to run out of money. the immediate result, checks might be cut for social security payments, benefits. salaries for military families. . stock market could dive, perhaps as much as 9%. or roughly 8$800 billion. some of it from your retirement savings. interest rates for the u.s. government and for us would shoot up. trying to get a mortgage? what about a car loan
at the white house that there shouldn't be another vote. that should wait until 2013. is that the big stumbling block right now? >>> senator reid said he clearly does not agree with boehner's approach. >> there are similarities, though.. >> some of the spending cuts, not all. both have this congressional committee that's going to be charge the with trying to identify deficit reduction. you can see how there could be conner tos. eric cantor, speaker boehner, other republican leaders have said frequently through this whole process, they do not think we should extend the debt ceiling. what we need to do is come together, compromise, get us through this period of imminent price sis where we don't want the country to default and then let's move on first of all to focus on the economy and jobs, but finish the job of deficit reduction in months ahead. the speaker of the house john boehner and the president are having very, very, i think, productive discussions about areas of potential common ground and we hope some of that work will provide the foundation for what congress does down the road here. >>
to the big stories in the week ahead to capitol to continue selltown. we begin tonight at the pentagon. >> i'm chris lawrence at the pentagon and coming up this week, new defense secretary leon panetta who we can't call new for much longer will welcome israeli defense minister ehud barak to the pentagon for some talks and the pentagon will also wrestle with how to implement the repeal of don't ask, don't tell. because of the defense of marriage act certain benefit, housing benefit also not be able to be give ton same-sex couples. that means some troops could get some benefits and other similar troops not getting them. something the pentagon will have a long time and lot of work to do to take care of. >> i'm paul steinhauser. chris christie is in iowa. he hasn't changed his mind about running for the president but there to speak about an education summit. but plenty of people will be in the state that votes first in the caucuses and primaries. michele bachmann, tim pawlenty and ran sanatorium all campaigned there. >> i'm poppy laharlow in new yo. reports from amazon, ford and caterpillar and
problem. >> i could go on and on. tom says the fault lies with the system that allows big money, party loyalty and special interests to decide who gets elected. how we started moving down this path. >> very thoughtful responses from all of you. thank you very much. that's it for us. we'll be back tomorrow morning at 6:00 am eastern. >> cnn newsroom with kyra phillips starts right now. hi, kyra. >> hi, guys. good morning. >>> two breaking news stories this morning. first of all, the nfl, it looks like, they might have come together on a deal here. nfl.com is reporting that the players and the owners have agreed on something that will end the lockout. we're following it right now. we're just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we've been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward ju
have led to a ban on fireworks for big shows, in places like arizona, alabama, florida and texas, where nearly every county has said no to fireworks. >> i love fireworks. so, it's kind of like -- i don't know. it ruined my july 4th. >> reporter: no fireworks in austin. so, the big, similar phonic concert has been canceled. >> it's disappointing for people here. >> reporter: disappointing for the people who make and sell fireworks. >> this has to be one of the most devastating for the country. and also for the firework city as a whole. >> reporter: amarillo, texas, has come up with a solution for no fireworks. it's contracted for a laser show. but the show will go on in washington.. more than 500,000 people gathering for 1 of the biggest spectacles in the country. all kicked off with a parade, that's been organized for the last 17 years by pat wilberton. what do you take away? every year you put this parade together, what does it mean to you? >> every year, we sing "god bless america," and i get chills. and the little children wave their flags. it's america. >> reporter: this is one of t
or will this cause some bigger conversation? that's a big question. >> and earlier in the week, anderson, we were talking about whether the white house might possibly agree to some kind of a short-term patch of two to three days in order to get the negotiations really moving again. and i think, you know, as the clock ticks i think we have to look back to that scenario and wonder whether that's a possibility again. >> remember all that grand bargain big talk? doesn't that seem like 20 years ago? was that like two weeks ago? >> yeah. although if you talk to some democrats and jessica's been reporting that the white house is still talking about some kind of a grand bargain, right? so it seems like a long time ago. but funny how these things work, right? >> john, gloria thank you. i want to bring in two other perspectives now. on the left democratic strategyist cornell -- and former senate candidate mccain advisor and former hue let pack yard ceo, carly fiorina. carly, just in terms of the politics of, this how do you think republicans are looking at this in terms of the political who's going to get
stepping down? >> reporter: well, if the idea is that rebel forces will make a big push into tripoli and force him to step aside, that's unlikely to happen any time soon. they have been making progress southwest of here. they've been battling over the city of bir al ganan. when they want to, they can outgun the rebels. there's a sense that gadhafi is doing what he can to drag this conflict on. he's holding the rebels back, but not going on the offensive, he's used a large security force to control this city. a strategy that seems to be working even with these large air strikes. >> thank you. >>> back in the u.s., the fourth of july weekend getaway is underway. while we promise not to use the word staycation, americans just aren't traveling great distances on this holiday. nbc's aditi roy joins me from santa monica. >> reporter: it seems this year we're choosing holiday destinations that are closer to our backyards. for carrie, getting away means staying at a hotel with a deal only 30 miles away. >> it's like taking a little vacation somewhere, not very far away. >> we're actually tra
, the immigrant was able to tell about the big powerful man and get him in trouble. it seemed appropriate. now, it's going to turn on her. goliath is going to turn on david. >> what do you think is going to happen in the courtroom? do you think the judge will revoke bail? allow dominique strauss-kahn to leave the country? >> they will decide on terms to release bail. the $5 million bail will be lifted. his passport will be retained. he'll be able to move around the united states, not the country. it's a question of time before the charges are dropped. i think she's going to face perjury. >> let's remember, jonathan pointed this out, according to prosecutors, there's dna evidence in the case that, in fact, there was sexual contact. will this be an acknowledgement it was consensual? >> no one will ever know. if she's a liar about something, she's got to be discredited about everything. maybe it was consensual. who knows, but it's no longer a prosecutable case. you cannot keep going in court with it. it's got to be dropped. we'll never know. >> stay there. we want to talk about what's been a riveting
is number five. always wanted a big family and weened eded ended -- we ended one one. >> they grew up in eugene, oregon including older brother brice and younger sister stephanie. >> we used to have fun dressing her up. she was our little toy, if you will. >> i know, let's dress up brooke right? >> yeah. she was just fun. >> little brooke didn't speak until she was 4. and even then could be a bit hard to understand. but as brooke grew, her natural talents spoke loudly. she loved animal and 4h, played basketball and ran track. >> she was good. she was better than most of the rest of us at the sport that we played. >> she snowboarded on slopes around oregon and as her little sister jessica remembers took pride in being scrappy on the soccer field. >> she came home from soccer and kind of had a black eye. my brother had asked what happened. she kind of laughed and said "i got in a fight." he goes, "no, you didn't, brooke. you don't get in fights." she said "you're right. i got hit in soccer practice, but isn't it so cool?" >> reporter: brooke was an honors student at
-knit family like her ownfá parents had. >> we have six children andhçó >> always wanted to have a big family?xd >> we ended up with one. w3fáxÊoñ÷xd >>t( tammy wilbergerr husband greg raisedjf their family near beautifulq>=Ñ÷ eugene, oregon, a older brother bryce and sister stephanie.çó >> we used to have so much fun dressing her up. toy, if you will. >> i know, let's dress up brooke, right? >> yeah. >> little brooke didn't speak çó until she was 4 and even then could be a bit hard to ñrxdçóxdñr understand. but as brooke grew, her natural talents spoke loudly.w3Ñi she loved animals and 4-h, played basketball and ran track.w3 she was better than most of the rest of us at the sports that we played.çóñrc ço >> she snÌarded on slopes as her little sister jessica xd remembers, +' r' being scrappy on the soccer field.w3 >> she came home from soccer andp hñó/ she kind of had2xsçó black eye and myok brother asèádhappened. she kind of laughed and said, i got into a fight.q/vr and he said, no, you don't, brooke, you don't get in fights. she said, you're right, i
Search Results 0 to 29 of about 30 (some duplicates have been removed)